Alex Gorsky Net Worth

Wiki Biography

Alex Gorsky was born on 24 May 1960, in Kansas City, Missouri USA, the descendent of migrants from Russia and what is now Croatia. He is best known as a business manager, and being the CEO of Johnson & Johnson, the largest pharmaceutical company in the world, and 10th most profitable company in the world of all industries – over $16 billion profit in 2014-15. Alex assumed this role in 2012.

So just how rich is Alex Gorsky? Sources estimate that Alex’s net worth is now well over $100 million. His salary package alone at Johnson & Johnson has grown from under $1 million in 2012, to a reputed $24 million in 2015.

Alex Gorsky Net Worth $110 Million

Alex Gorsky’s family moved to Fremont, Michigan in his early teens, which he spent with five siblings largely on outdoor pursuits which, along with a family friend going to US Military Academy in West Point, persuaded him to do likewise, graduating in 1982 with a bachelor of science degree, then spending six years in the US Army, finishing with the rank of Captain, and during which he earned his Ranger Tab, Airborne Wings, and served in Europe and Panama as well as the USA. This period saw a solid base established to his net worth.

Alex then joined the Johnson & Johnson New Jersey subsidiary Janssen Pharmaceuticals in 1988, serving in various management, marketing and sales roles over the next 16 years, meantime also obtaining a MBA from the University of Pennsylvania in 1996. His net worth experienced solid gains during these years.

Alex then moved to Nevartis Pharmaceuticals in 2004 as CEO, before being appointed Head of Pharma North America in 2005, overseeing the expansion of its cardiovascular division, and developing the company’s Medicare strategy, and creating several Novartis awards. His net worth continued to rise consistently, however, he was effectively head-hunted to return to Johnson & Johnson in 2008.

He was initially appointed chairman worldwide of the surgical care group, as well as chairman of pharmaceutical business in Europe, the Middle East and Africa, a period he describes as particularly challenging and satisfying. Alex was then moved to become worldwide chairman of the medical devices and diagnostics group, until September 2009. Of course his net worth grew commensurately.

In early 2011, Gorsky was named Vice-Chairman of the executive committee, then CEO in 2012, and Chairman of the Board in 2013, in which positions he is regarded as one of the most influential business managers in the world, considering the size and widespread products of Johnson & Johnson. Alex holds these positions to the present, late 2015, and as such is also one of the highest paid CEOs in the world, with a salary package now estimated by reputable sources to exceed $25 million.

On the negative side, Gorsky was allegedly responsible for apparently hiding possible side-effects of the drug the product Risperdal by Johnson & Johnson, and associated questionable business deals. Ultimately the fines for this conduct cost the company over $2 billion.

In his personal life, Alex Gorsky has been married to Patricia since 1987, and they have a son. Alex is a former marathon runner and tri-athlete, with other passions including his family, and American and English literature. He has bee involved in several philanthropic interests, including the Philadelphia College of Pharmacy, the National Alliance on Mental Illness, the National Alliance on Aging, Doylestown Hospital Board, and the Boy Scouts of America.